May 14, 2025
SAF-T, developed by the Organisation for Economic Co-operation and Development (OECD), is an international standard for the unified exchange of accounting and tax data. It has already been implemented in countries such as France, Romania and Portugal, where the standard has proven effective in improving transparency and reducing administrative burden. The SAF-T format covers key accounting data such as complete accounting history, invoices, assets, receivables and payables, which are submitted in a standardised XML format. In May 2025, the NRA released a draft ordinance outlining the technical specifications for the SAF-T file. The draft is currently open for public consultation and is a key document for businesses looking to prepare proactively. Access the full text here . The implementat